Cleaning and Janitorial Supply with Recurring Revenue! (17784)
Asking Price: | $600,000 |
Gross Revenue: | $929,000 |
Established Year: | 1991 |
Cash Flow: | $181,000 |
FF&E: | $250,000 |
This unique wholesale janitorial and cleaning supplies store operates successfully from its shopping center-based headquarters in the DFW metroplex. The business is a profitable retailer (15% of revenue) and supplier of janitorial supplies, paper products, cleaning products, sanitation supplies and more (85% of revenue). The company’s primary products consist of cleaning chemicals, gloves, brushes, mops, disinfectants, floor care supplies, cleaning machinery, equipment, paper products, dispensers and restroom products all from major, reputable brands. The company operates from a well-located, retail based location, totaling 3,300 square feet. Included in the space is 500 square feet of office space and 1,500 square feet used for storefront and retail display space. The facility is leased to the business by a qualified third party on a renewable lease. The owner of the company currently provides sales support, inventory management and general oversight and has an experienced manager in place. The company’s customer base consists primarily of regional businesses, cleaning companies and public organizations in need of cleaning products. A significant portion of the company’s sales is made up of toilet paper, paper towels and previously, COVID-19 sanitation supplies which were responsible for 2020 non-recurring growth. The company has a proven track record of being able to stay ahead of market trends, new products, and changing trends in the types of cleaning products gaining popularity in the marketplace. With its wide range of products, the company’s marketing efforts focus on targeting repeat business utilizing direct sales, in person sales and through it’s website. In 2023 the company’s total Revenue was $929,000 with Net Income of $126K and Discretionary Earnings of $181K.